Member and Employer contribution rates are as follows:

Regular:

Service Period Member Contribution Rate Employer Contribution Rate
Until 6/30/2019 6.00% of Member Salary 14.00% of Member Salary
7/1/2019 to 6/30/2020 6.25% of Member Salary 14.25% of Member Salary
7/1/2020 to 6/30/2021 6.50% of Member Salary 14.50% of Member Salary
7/1/2021 to 6/30/2022 6.75% of Member Salary 14.75% of Member Salary
7/1/2022 and beyond 7.00% of Member Salary 15.00% of Member Salary

 

T-DROP:

Service Period Member Contribution Rate Employer Contribution Rate
Until 6/30/2019 0.00% of Member Salary 14.00% of Member Salary
7/1/2019 to 6/30/2020 0.00% of Member Salary 14.25% of Member Salary
7/1/2020 to 6/30/2021 0.00% of Member Salary 14.50% of Member Salary
7/1/2021 to 6/30/2022 0.00% of Member Salary 14.75% of Member Salary
7/1/2022 and beyond 0.00% of Member Salary 15.00% of Member Salary

 

Working Retiree:

Service Period Member Contribution Rate Employer Contribution Rate
Until 6/30/2019 0.00% of Member Salary 14.00% of Member Salary
7/1/2019 to 6/30/2020 0.00% of Member Salary 14.25% of Member Salary
7/1/2020 to 6/30/2021 0.00% of Member Salary 14.50% of Member Salary
7/1/2021 to 6/30/2022 0.00% of Member Salary 14.75% of Member Salary
7/1/2022 and beyond 0.00% of Member Salary 15.00% of Member Salary